Cheap Studio Apartments for Rent in the Chicago Loop Neighborhood of Chicago, IL from $1,147 (40 Rentals)

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property at 188 N Wells St

188 N Wells St

ChicagoIL60606
property at 420 E Ohio St

420 E Ohio St

ChicagoIL60611

Chicago's Best Affordable Neighborhoods

Learn about Chicago and the best places to live with original content written by our Chicago, IL Local Expert Nicole Harms

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525 S. Dearborn St.
Studio Apartments

525 S. Dearborn St.

525-537 S Dearborn StChicago, IL 60605
  • Utilities Included
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Luxury condo unit
Studio Apartments

Luxury condo unit

333 N CanalChicago, IL 60606
Corporate Housing
  • Smoke Free
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600 N Lake Shore Dr
Studio Apartments

600 N Lake Shore Dr

600 N Lake Shore DrChicago, IL 60611
Furnished
  • Utilities Included
  • Smoke Free
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55 E Erie St
Studio Apartments

55 E Erie St

55 E Erie StChicago, IL 60611
  • Smoke Free
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900 S Clark St
Studio Apartments

900 S Clark St

900 S Clark StChicago, IL 60605
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153 W Ohio St
Studio Apartments

153 W Ohio St

153 W Ohio StChicago, IL 60654
  • Utilities Included
Showing Results 1-40, Page 1 of 1

Chicago Loop, Chicago, IL Local Guide

Quick Rent Budget Calculator

How much rent can you afford?

The common "Rule of Thumb" is that rent should be no more than 30% of your income. How much is that? Enter your monthly income and click "Calculate My Budget" to find out.

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Getting Around the Chicago Loop Neighborhood in Chicago, IL

Walk Score®

100 / 100

Walker’s Paradise

Daily errands do not require a car

Bike Score®

81 / 100

Very Bikeable

Biking is convenient for most trips

Transit Score®

100 / 100

Rider’s Paradise

World-class public transportation

What Are Walk Score®, Transit Score®, and Bike Score® Ratings?

  • Walk Score® measures the walkability of any address.
  • Transit Score® measures access to public transit.
  • Bike Score® measures the bikeability of any address.

Frequently Asked Questions about Cheap Chicago Loop Apartments

What is the Cheapest Studio apartment in Chicago Loop?

Currently the most affordable Cheap Studio Apartment in Chicago Loop is at Gramercy Row Apartments listed at $1,277.

How much is rent for a Cheap One Bedroom Chicago Loop Apartment?

The lowest price for a Cheap One Bedroom Chicago Loop Apartment is $1,277 at Gramercy Row Apartments.

What is the lowest price for a Cheap Two Bedroom Chicago Loop Apartment for rent?

Today's best deal for a Cheap Two Bedroom Apartment in Chicago Loop is starting from $1,277 at Gramercy Row Apartments.

What is the most affordable Chicago Loop Three Bedroom Apartment?

The best deal on a cheap Chicago Loop Three Bedroom Apartment rental is at Gramercy Row Apartments and starts from $1,277.

Expert Rental Resources

Helpful Apartment Articles, How-To's and Tips

The rental experts at ApartmentHomeLiving.com provide you with top advice, tools, and tips for understanding the leasing process and finding the perfect rental. Here are a few helpful rental and leasing articles from our experts to guide you on your search.

decorative image for A Local Expert’s Guide To 10 Budget-Friendly Neighborhoods to Rent in Chicago article

A Local Expert’s Guide To 10 Budget-Friendly Neighborhoods to Rent in Chicago

Written by: Nicole Harms

I’m Nicole, your ApartmentHomeLiving.com Local Expert for Chicago, IL. As a resident of the Chicago area for over 20 years, I’ve learned which neighborhoods are great and which are best avoided.

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Renting Smart: Lease Basics Every Renter Needs

Written by: Christine Leonard, Esq.

Often, in the excitement of finding a new place to live, there’s a rush to make it happen, and - too often - a new tenant signs a lease without reading it carefully.

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Battling the Butts: Your Guide to the Reality of Smoke-Free Renting

Written by: Andrea Lee Negroni, JD

While many apartment buildings are “no smoking” properties, it’s hard to know exactly how many. In 2017, the National Apartment Association reported more than half of rental properties had smoke free policies.

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Understanding Amenity Fees: Know Where You Might Be Able to Save Money

Written by: Amber Kanuckel

With the rising costs of housing, a lot of renters are asking this question: Is it possible to opt out of various amenities that your rental property offers so that you can avoid paying the fees.